From Plumber to Buying & Selling Online Businesses with Jaryd Krause - podcast episode cover

From Plumber to Buying & Selling Online Businesses with Jaryd Krause

Mar 06, 202349 minSeason 1Ep. 98
--:--
--:--
Listen in podcast apps:

Episode description

🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business


Being a Plumber to Buying & Selling Online Businesses (4 to be exact)  and now teaching others to do the same.  Jaryd also helps his students scale their acquisitions - while only working 20 hours a week.   The rest of the time he is doing a lot of traveling and surfing in between coaching. 


SHOW NOTES:
00:00 Intro 
01:13  Wanted to be wealthy but not academically smart enough s0...plumbing
03:01  Saw the rich life, the frustration, drinking too much and the call to adventure
04:55   In Egypt,  typed into google' "how to make money online"
06:14  1st Acquisition - membership site to a database of wholesalers
08:53   How 1st Acquisition preformed financially
09:25   Saving the lessons learned
10:38   2nd acquisition - custom made suits from Asia  guaranteed fit
14:42   3rd acquisition - hanging egg chairs: big order customer fraud & supplier issues 
23:21   Becoming a coaching to help others buy a business - only worked when he charged $$$
29:00   Why do students spend money on business buying courses but never buy one
32:00   Size of business he targets $50k to $500k  - don't buy another job & scaling
39:20   How he helps scale - listening - business is screaming help me Jaryd
43:33   The business Sorting hat - make it so dam hard for employees to mess it up 
46:10  The funny thing about getting "experience"
47:40  Down to 20 hours a week.  

From Plumber to Buying & Selling Online Businesses with Jaryd Krause | Top M&A Entrepreneurs podcast - Listen or read transcript on Metacast